D.A. Davidson & CO. Purchases 12,275 Shares of Global X U.S. Infrastructure Development ETF $PAVE

D.A. Davidson & CO. grew its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 15.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 90,990 shares of the company’s stock after buying an additional 12,275 shares during the period. D.A. Davidson & CO.’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,623,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new position in Global X U.S. Infrastructure Development ETF in the second quarter valued at about $25,000. eCIO Inc. bought a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $27,000. NBT Bank N A NY bought a new stake in Global X U.S. Infrastructure Development ETF during the 1st quarter worth about $29,000. Fortitude Family Office LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at about $33,000. Finally, Millstone Evans Group LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at about $33,000.

Global X U.S. Infrastructure Development ETF Trading Down 0.8%

Shares of BATS PAVE opened at $56.30 on Friday. The firm has a market capitalization of $11.12 billion, a PE ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 1 year low of $44.28 and a 1 year high of $60.43. The firm’s 50-day moving average is $56.91 and its 200-day moving average is $54.17.

About Global X U.S. Infrastructure Development ETF

The Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development. PAVE was launched on Mar 6, 2017 and is managed by Global X.